How to calculate the amount of frozen funds and subscription funds in Shanghai?

Subscription refers to the behavior of letting buyers pay the subscription fee before the developer officially sells. Freezing funds means that developers require buyers to freeze a specified amount in the bank account before the lottery.

Subscription refers to the behavior of letting buyers pay the subscription money before the developer officially sells it. There are two forms of payment for subscription funds. One is to freeze funds, that is, developers require buyers to freeze the specified amount in their bank accounts before signing the subscription agreement.

Subscription and freezing of funds are essentially different, that is, they are completely different in concept. Freezing the house purchase funds means freezing the house purchase funds, that is to say, the buyer can't use the funds for other purposes within a few working days, and the frozen house purchase funds will only be thawed after the house purchase is over, and the buyer can use the funds. Subscription is the sincerity of buyers to buy a house, which needs to be reflected by paying the subscription money. After paying the subscription money, the buyers can get the preemptive right of the house and enjoy a certain degree of price concessions.